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Hybrid Senior Business Analyst – Insurance Domain

at EXL
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Posted last week

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About the role

  • Lead the collection, documentation, and validation of business, functional, and data requirements.
  • Conduct gap analysis to identify variances between current and target business processes, data structures, or system capabilities.
  • Translate business needs into detailed user stories, process flows, and technical specifications.
  • Perform source data analysis and data profiling to assess quality, consistency, and completeness.
  • Develop and maintain data dictionaries, business glossaries, and metadata documentation.
  • Define and document business rules for data acquisition, transformation, integration, and quality assurance.
  • Support the design of data lineage, master data, and reference data management processes.
  • Identify and recommend improvements in data governance, data quality, and operational efficiency.
  • Capture and document reporting, analytics, and data visualisation requirements in collaboration with business stakeholders.
  • Analyse data trends and patterns to support business decision-making and process optimisation.
  • Collaborate with data engineering and BI teams to validate outputs and ensure business needs are met.
  • Act as the primary liaison between business stakeholders, technical teams, and data specialists.
  • Communicate project status, issues, and risks clearly and effectively across all levels.
  • Support roadmap development, including prioritisation, dependency mapping, and resourcing.
  • Participate in user acceptance testing (UAT) and change management activities to ensure successful implementation.

Requirements

  • Minimum 5 years’ experience as a Business Analyst within the Insurance industry (Policy, Claims, Regulatory, or Reinsurance data)
  • Strong understanding of insurance operations, including London Market processes and data flows.
  • Proven experience in Enterprise Data Management, Data Warehousing, Data Governance, or Data Quality initiatives.
  • Hands-on experience with data profiling, requirements gathering, and business process documentation.
  • Excellent communication, analytical, and stakeholder management skills.
  • Bachelor’s degree in a relevant discipline (e.g., Business, Information Systems, or Data Analytics) preferred.
  • Experience working with Data Lake / Data Warehouse / Data Governance tools (e.g., Azure Data Services, Databricks, Snowflake, Power BI, Alation, Collibra) preferred.
  • Exposure to Agile / Scrum methodologies preferred.
  • Experience with SQL or data query tools for data validation and analysis preferred.
  • Familiarity with regulatory reporting and compliance requirements in insurance preferred.

Benefits

  • A competitive salary with a generous bonus
  • Private healthcare
  • Critical illness life assurance at 4 x your annual salary
  • Income protection insurance
  • A rewarding pension
  • Financial well-being solutions, such as cash back cards
  • Cycle Scheme to save money on bikes and cycling accessories
  • Professional and personal development opportunities
  • Learning initiatives including online courses, seminars, and workshops
  • Employee Stock Purchase Plan (ESPP)
  • Flexible hybrid working model

Job title

Senior Business Analyst – Insurance Domain

Job type

Full Time

Experience level

Senior

Salary

Not specified

Degree requirement

Bachelor's Degree

Tech skills

AzureSQL

Location requirements

HybridLondonUnited Kingdom

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